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Kate Spade & Company, initially known as Liz Claiborne Inc. (founded in 1976 in Manhattan), and then as Fifth & Pacific Companies, Inc. (from 2012 to 2014), is a fashion company that designs and markets a range of women's and men's apparel, accessories and fragrance products under the Kate Spade New York and Jack Spade labels.
Liz Claiborne Inc. went public in 1981 and made the Fortune 500 list in 1986 with retail sales of $1.2 billion. [ 7 ] Claiborne listed all employees in her corporate directory in alphabetical order, to circumvent what she perceived as male hierarchies. [ 4 ]
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In November 2006, apparel giant Liz Claiborne Inc. bought Kate Spade for $124 million from Neiman Marcus Group. [13] Andy Spade was initially in charge of company operations, but, in 2007 after the sale of the company, operational control was turned over to Liz Claiborne. Kate Spade expanded their retail stores to include Kate Spade New York ...
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